AirAsia to Invest $15 Million in India

Feb 25, 2013 10:49 am IST

By Rajesh Roy and Santanu Choudhury

AirAsia plans to use the AirAsia brand for a new low-cost airline that it plans to set up in India and it aims to invest an initial $15 million in the venture, according to a proposal the Malaysian company has filed with the Indian government. Read full report

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